Compare the best forex brokers with high leverage

Tip: our preferred broker is, eToro: visit & create account
There’s a lot at stake when you use leverage in any trade. With so much on the line, you’ll need a forex broker that fits your needs. The links below will help you find the best trading platform for you.
By: Harry Atkins
Harry Atkins
Harry joined us in 2019, drawing on more than a decade writing, editing and managing high-profile content for blue… read more.
Updated: May 24, 2021
1
Min. Deposit
$50
Exclusive promotion
user-score
10
Join the Social Trading revolution. Connect with other traders, discuss trading strategies, and use our patented CopyTrader
eToro is the world’s leading social trading platform, offering a wide array of tools to invest in the capital markets
Largest number of currency pairs to trade
Start Trading
Description:
eToro is a multi-asset investment platform with more than 2000 assets, including FX, stocks, ETF’s, indices and commodities. eToro offers a wide range of currency pairs and other trading instruments. eToro users can connect with, learn from, and copy or get copied by other users.
Payment Methods
Bank Transfer, Wire Transfer
Full regulations list:
CySEC, FCA
Cryptoassets are highly volatile unregulated investment products. No EU investor protection. eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro. Your capital is at risk.
2
Min. Deposit
$10
Exclusive promotion
user-score
9.3
55+ currency pairs available
Trade on a trusted platform
24/7 support via live chats, email or phone call
Start Trading
Description:
LonghornFX is a true ECN STP broker dedicated to delivering a superior trading experience to traders no matter their level of experience. Their services are based on transparency, innovation and efficiency, ensuring an unparalleled trading experience for all.
Payment Methods
Bitcoin, Credit Card, Debit Card, Visa
Full regulations list:
LonghornFX offers high-leverage trading on a wide variety of assets. Trading with leverage carries a degree of risk which may result in losing more than your investments. Clients should practise risk management to protect themselves from losing more than they can afford when trading with leverage.
3
Min. Deposit
$10
Exclusive promotion
user-score
8.7
Can fund with BTC
64 global companies including Netflix and Amazon
Free deposits and withdrawals
Start Trading
Description:
EagleFX is an online digital asset, Forex and CFD broker providing traders across the globe with cutting edge technology to trade the world’s markets. Our focus has been to change the way people trade Digital Assets and Forex. We are driven to provide traders with incredibly low-cost pricing across all Digital assets, FX, stocks, indices, commodities and futures along with industry-leading 24/7 live customer support.
Payment Methods
Bitcoin, Credit Card, Debit Card, Wire Transfer
Full regulations list:
EagleFX offers leveraged trading on a range of assets within its platform. CFD and Spot Forex trading do carry a degree of risk which may result in you losing more than your initial investment. Please ensure you fully understand the risks involved with leveraged trading and ensure this is not detrimental to your personal or institution's financial well being.

What is high-leverage trading? 

Leveraged trading involves putting down a small percentage of an investment’s total cost as a deposit, and borrowing the rest from your broker. This lets you make much bigger trades, and is also known as trading on the margin.

How do you trade with high leverage? 

When you use leverage, you’re placing a bet that might be five, 10, even 100 times larger than the amount of money you’re actually putting down yourself. So if you’re trading at 100x leverage, the £1,000 you use to fund your account can enable you to make a £100,000 trade.

We recommended learning to trade first. And testing your skills with a forex demo account.

What is a contract for difference?

CFD brokers allow you to trade contracts for difference (CFDs). CFDs are investment derivatives that let you bet on the price movement of foreign currencies, without actually owning any coins or banknotes. Combining CFDs with leverage is one of the most popular features of trading.

What should I look for in a high-leverage broker?

  • Find a regulated platform – In the UK, the the best high leverage forex brokers are regulated by the Financial Conduct Authority (FCA). In other countries, different bodies are responsible for regulation. Wherever you are, make sure the broker you select is properly regulated by the appropriate government body.
  • Find a broker that offers lots of leverage options – You want to be able to trade with small amounts of leverage (say, 2x or 3x times the size of your trade) all the way up to much bigger bets (say, 100x or more). The best brokers will give a broad range of options.
  • Variety of payment methods – Different brokers will accept different methods of payment. Although this form of trading only requires you to put down a fraction of the total amount for each trade, you do still need to make sure your account is adequately funded. If you want to fund your account via PayPal, make sure you choose a broker that accepts PayPal. If you want to use cryptocurrency to make your deposits, make sure your broker accepts your cryptocurrency of choice.
  • Suitable deposit and withdrawal limits – Pick a CFD trading platform that suits your deposit and withdrawal needs, based on the level of risk you want to take on. Some platforms will allow you to start with an initial deposit of just a few pounds.
  • Good reputation – CFD trading platforms build up reputations (good or bad) based on a combination of user reviews, media coverage and awards. Take time to do some research into the reputation of prospective trading platforms.
  • Design and ease of use – Trading with leverage is risky enough as it is. Fumbling around on a trading platform that’s overly-complicated and difficult to navigate certainly doesn’t help. Choose a platform that’s well designed and easy to use.
  • Variety of currency pairs British Pounds, U.S. Dollars, and Euros form the backbone of the foreign currency exchange market. Nonetheless,  there are 180 different currencies in the world. If you want to branch out beyond the usual suspects, find a broker that will facilitate trading with a wider variety of currencies and currency pairs.

FAQs

ℹ What’s the biggest advantage of trading forex with leverage?
ℹ What’s another advantage of trading on the margin?
ℹ Is high leverage trading interest free?
ℹ What’s the biggest disadvantage of trading with leverage?
ℹ What’s another disadvantage to watch for?
ℹ What kind of investor should use leverage?
ℹ How much leverage should I use when trading forex?
ℹ What’s a good way to manage risk?
ℹ What’s another good way to manage risk?
ℹ Where can I find the best trading platforms?

Fact-checking & references

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Risk disclaimer

Invezz is a place where people can find reliable, unbiased information about finance, trading, and investing – but we do not offer financial advice and users should always carry out their own research. The assets covered on this website, including stocks, cryptocurrencies, and commodities can be highly volatile and new investors often lose money. Success in the financial markets is not guaranteed, and users should never invest more than they can afford to lose. You should consider your own personal circumstances and take the time to explore all your options before making any investment. Read our risk disclaimer >

Harry Atkins
Financial Writer
Harry joined us in 2019, drawing on more than a decade writing, editing and managing high-profile content for blue chip companies, Harry’s considerable experience in the… read more.